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Overview on the History of Formal Education and Macroeconomic Development in Romania, Starting From the 19th Century, in Comparison With Other European States

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  • SANDRA TEODORESCU

    (Faculty of Economics and Business Administration Nicolae Titulescu University)

Abstract

The present paper is a part of a post-PhD research entitled Assessment on the Impact of Education on the Macroeconomic Development in Romania, As Compared to Other EU Member States. The survey starts with a short overview on the history of education and macroeconomic development in Romania, starting from the 19th century. To explain this situation, we must go far back in time in order to understand the deep historical roots of economic and social development in our country, in comparison with other European states. The industrial revolution and sustainable economic growth as well as the impact on education should also be analyzed.

Suggested Citation

  • Sandra Teodorescu, 2016. "Overview on the History of Formal Education and Macroeconomic Development in Romania, Starting From the 19th Century, in Comparison With Other European States," Global Economic Observer, "Nicolae Titulescu" University of Bucharest, Faculty of Economic Sciences;Institute for World Economy of the Romanian Academy, vol. 4(2), pages 135-142, November.
  • Handle: RePEc:ntu:ntugeo:vol4-iss2-16-135
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    References listed on IDEAS

    as
    1. Philip Stevens & Martin Weale, 2004. "Education and Economic Growth," Chapters, in: Geraint Johnes & Jill Johnes (ed.), International Handbook on the Economics of Education, chapter 4, Edward Elgar Publishing.
    2. Eric A. Hanushek & Ludger Woessmann, 2008. "The Role of Cognitive Skills in Economic Development," Journal of Economic Literature, American Economic Association, vol. 46(3), pages 607-668, September.
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